JAM

gradually, then suddenly

[JAM @jooooooooooosem]

It’s worth getting Bitcoin as an emergency backup, even if you have a crazy fast bank.

Never know when a crisis might happen and you could help all the people around you stay wealthy too.

[Elon Musk @elonmusk]

It’s worth getting Starlink as an emergency backup, even if you have a crazy fast landline.

Never know when a crisis might happen and you could help all the people around you stay connected too.

[JAM @jooooooooooosem]

@GhostOfStoneyX2 I can already see the massive 100 ft. art installation made up of 1000 Mk3’s at the @TheBitcoinConf Nashville conference next year

[JAM @jooooooooooosem]

@TommiPedruzzi Doc

[JAM @jooooooooooosem]

@RaminNasibov Age of Empires
Counter Strike
StarCraft
Backyard Sports
The Oregon Trail
Neopets
Kart Rider / Maple Story
RuneScape

[JAM @jooooooooooosem]

@mike_trotsky @Jason In the east……

[JAM @jooooooooooosem]

@timevalueofbtc Would it be possible to attend these summer term classes without being enrolled as a USC student?

[JAM @jooooooooooosem]

@marceloclaure Would love to connect while you’re in town. Bolivian-American working in entertainment in LA. 🇧🇴

[JAM @jooooooooooosem]

@austinfgreen @nic_carter This was good

[JAM @jooooooooooosem]

@SMBitcoinOffice Yes

[JAM @jooooooooooosem]

@stats_feed Halo 2

[JAM @jooooooooooosem]

@stats_feed Hot Rod

[JAM @jooooooooooosem]

They’re selling #Bitcoin at @Walmart now!

[JAM @jooooooooooosem]

@saifedean @DavidFBailey @TheBitcoinConf Agreed.

Vegas = Mecca of highest time preference zombies

Bitcoiners = lowest time preference health conscious thinkers

It’s an incompatible place for such a great event with too many hurdles + distractions from why we’re there.

[JAM @jooooooooooosem]

The most low time preference folks entering the land of the most high time preference folks. The cheap dopaminers aren’t ready.

[JAM @jooooooooooosem]

@niccruzpatane By slapping a “hand crafted” sticker on it at the end

[Powered by ₿ @powerbybtc]

Music is the universal language of mankind.

Bitcoin is the universal money of mankind.

[Powered by ₿ @powerbybtc]

When building your career, work smarter and not harder.

Powered by Bitcoin:🚶‍♂️💨

Powered by fiat: 🌬️🚶‍♂️

[Powered by ₿ @powerbybtc]

Artists Who Would Have Been Bitcoiners #1: Harry Belafonte 🎙️🧵

[JAM @jooooooooooosem]

@mikealfred Thunder up ⚡️

[JAM @jooooooooooosem]

@TheBTCTherapist Those who do not understand Bitcoin are condemned to reinvent it, poorly.

[Saifedean Ammous @saifedean]

The best thing about USG acquiring a strategic bitcoin reserve is that it will now learn the concept of opportunity cost.

Dollars have an opportunity cost of ~0 since USG can print them on demand, so everyone in USG has for decades learned to never worry about costs, and never have to make trade-offs. That's why USG spends trillions of dollars every year on horrific things.

But there are only 21 million bitcoin, nobody can make more, and everything you spend comes at the cost of more bitcoin. Once you start calculating the opportunity cost in terms of bitcoin forgone, and the appreciation of the market value of these bitcoin, the vast majority of USG spending begins to look really stupid.

Most bitcoiners can tell you many stories about how finding bitcoin has helped them eliminate all kind of frivolous and wasteful spending. Now apply that to USG, and you could conservatively estimate that 90% of its spending would not pass the bitcoin opportunity cost test. Everything will be weighed against bitcoin and almost all of it will be found wanting.

Most bitcoiners imagined that bitcoin would destroy the value of the dollar and bankrupt USG. But if bitcoin merely teaches USG to spend responsibly, that on its own could go a very long way toward eliminating most of its evils.

Truly, bitcoin fixes everything.

[JAM @jooooooooooosem]

Solo mining Bitcoin is like buying 144 lottery tickets per day.

If your hashrate is around 6 TH/s your daily chance of solving a solo block is roughly 1 in 850,000.

The odds of winning the Mega Millions lottery in CA is 1 in 300,000,000.

If you want to bet, bet on #Bitcoin